AI Hangover Weighs On Chipmaker Shares Even With Solid Results
Signs of recovery in smartphone and computer demand have yet to provide the next tailwind for chip stocks
2023-11-02 09:59
Qualcomm Gives Upbeat Forecast in Sign Slump Finally Easing
Qualcomm Inc., the largest seller of smartphone chips, gave a better-than-expected revenue forecast for the current quarter, indicating
2023-11-02 07:25
Taiwan Probes Alleged Election Graft Linked to Foxconn’s Gou
Taiwan is investigating suspected bribes connected to Foxconn Technology Group founder Terry Gou’s presidential campaign, as the billionaire
2023-11-01 16:48
South Korean Exports Return to Growth in Boost to Outlook
South Korea’s exports rose for the first time since late last year in a positive sign for the
2023-11-01 10:49
AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
Advanced Micro Devices Inc. said a new AI chip will generate $2 billion in sales next year, fueling
2023-11-01 07:59
Zegona Agrees to Buy Vodafone Spain for €5 Billion
Zegona Communications Plc has agreed to buy Vodafone Group Plc’s Spanish business for €5 billion ($5.3 billion) including
2023-10-31 16:22
Spain Weighs Taking Telefonica Stake to Counter Saudi Holding
The Spanish government is considering buying a stake in Telefonica SA following Saudi Telecom Co.’s plan to become
2023-10-31 16:16
Brookfield Fund Loses Consultant Approval After Leaders Exit
Investment consultant Aksia LLC rescinded its approval for Brookfield Asset Management’s special-situations fund after two top executives left,
2023-10-31 09:22
Apple Unveils New Laptops, iMac and Trio of More Powerful Chips
Apple Inc. announced new a iMac, laptops and the third generation of its in-house Mac processor line on
2023-10-31 09:22
Sony’s Bungie Game Unit Cuts Staff Following Delayed Titles
Bungie, the Sony-owned game studio behind Destiny 2, let go an undisclosed number of staffers, according to people
2023-10-31 02:25
Apple Looks to Capitalize on Computer Sales Comeback With New Macs
Apple Inc. is set to capitalize on a computer market resurgence when the company unveils two new Macs
2023-10-30 17:46
Stock Traders Face Pivotal Week as Apple Steals Fed Spotlight
A Federal Reserve meeting typically is the stock-market story of the week. Not so this time, however, as
2023-10-29 23:22